Updated: March 7, 2024 In Friday’s decision, District Court Judge Liles C. Burke ruled that the CTA is an unconstitutional exercise of Congress’ enumerated powers and granted the plaintiff’s motion for summary judgment, with a final judgment expected to follow. The scope of the Court’s decision is, as of this writing, limited only to the…
There is a lot going on with the employee retention credit (ERC) these days and it can be hard to keep up with the latest developments. From Congressional proposals to changes in IRS procedures, change is afoot and more is expected in the near future. Below is a summary of the latest thoughts on various…
American manufacturers find themselves at a crossroad. Escalating trade tensions between the United States, China and other restricted countries have created an environment of uncertainty – prompting many businesses to reconsider their supply chain strategies. Reduced costs are no longer a singular factor to consider, which opens decision-making to a more complex formula. The Landscape…
Let’s jump on the AI train too, but let’s do it with some tangible functionality to discuss why Microsoft Dynamics is really leading the way in actually embedding Artificial Intelligence (AI) into their core Business Application solutions. We’ve all heard about ChatGPT, and now Microsoft Copilot. It’s great to get an article draft, a meeting…
Testing metrics play a crucial role in assessing the effectiveness and efficiency of the software quality assurance testing processes. By measuring various aspects of the testing effort, teams can gain valuable insights, identify areas for improvement and make informed decisions. In this blog post, we’ll delve into essential test metrics, providing formulas and insights to…
In the realm of plan sponsor vendor oversight, the pivotal role of well-defined, mutually agreed-upon contractual performance guarantees (PGs) cannot be overstated. These guarantees, when intricately tied to key performance indicators and industry best practices, serve as indispensable elements in ensuring that service providers meet and exceed the expectations outlined in their contracts. Crafting PGs…
Women within the Financial Services Industry share pivotal moments in their career journeys, the skills they have acquired, and the mutual support they’ve both given and received along the way. It is valuable for people to look at the accomplishments of leaders in their respective fields to gain inspiration, establish goals, and identify strategies for…
Withum is excited to share that Michael George, Partner, has joined the Healthcare Services Team as a strategic leader. Formerly an audit partner at a Big Four firm, Michael has deep technical and industry expertise, including having previously led Healthcare-centered practices. He has a reputation for excellent client service, working to deliver transformative audit and…
In November 2023, the Financial Accounting Standards Board (FASB) issued a new Accounting Standards Update (ASU) to improve disclosures related to reportable segments. The amendments in ASU 2023-07 “Segment Reporting—Improvements to Reportable Segment Disclosures” are effective for fiscal years beginning after December 15, 2023, and for interim periods in fiscal years beginning after December 15,…
Understanding your insurance carrier’s auto adjudication rate can offer valuable insights into the efficiency of their third-party claims processing. Have you ever inquired about your auto adjudication rate and compared it to the industry average? The response might reveal more than you expect. Is a rate below the industry average cause for concern? In general,…